Japan Banks Safeguard Middle East Staff After US Bombs Iran

Japan’s biggest banks are considering evacuating employees and their families from financial hubs in the Middle East, just days after US airstrikes on Iran increased risks in the region.

Mitsubishi UFJ Financial Group Inc. has started to pull the families of staff out of locations including Dubai, and will consider evacuating workers if they need to accompany them, a spokesperson said Monday. Japan’s biggest bank has also halted unnecessary travel in and out of the region, a spokesperson said Monday.